HDI announces strategic fronting partnership with Hallmark Financial Services, Inc.
HDI Global Insurance Company, the US subsidiary of international commercial insurer, HDI Global SE (HDI) is pleased to announce its strategic partnership with Hallmark Financial Services, Inc. (“Hall-mark”) to provide capacity and product development support for its General Aviation and Small to Medium Sized Commercial prop-erty and casualty insurance products effective June 1, 2024.
This multi-year partnership continues HDI’s investment in strengthening its position in the U.S. market by offering an expanded product offering to its growing customer base. Hallmark’s commercial business will be fronted by HDI Global Insurance Company, and its aviation business byHDI Global Select Insurance Company. There will be no changes to the Hallmark team, systems or processes its agency partners currently work with.
“The partnership fits perfectly into the company’s US strategy. Aligning with Hallmark will allow us to further facilitate the needs of our business partners by making HDI a holistic one-stop shop for their insurance placements.”
“Our partnership with HDI, AM Best rated A+ (Superior), is a pivotal step in our strategy to grow and diversify both our general aviation business and commercial business. We are thrilled to partner with HDI and look forward to a long and formidable partnership,” said Chris Kenney, Hallmark’s President, and Chief Executive Officer.
To find out more about the services of HDI Global Insurance Company U.S., click here: https://www.hdi.global/en-us/about-us/locations-contacts/america/united-states/contacts/
About HDI Global SE (HDI)
As a Corporate & Specialty lines insurer, HDI Global SE (HDI) meets the needs of SMEs, industrial companies, middle market and corporate customers with insurance solutions that are specifically tailored to their requirements. In addition to HDI's prominent position in the German and broader European market, the company has access to its own worldwide HDI Global Network covering more than 175 countries through its own HDI foreign branch offices, subsidiaries, affiliated companies, and network partners. Acting as the Partner in Transformation, HDI Global SE leads roughly 5,300 International Programmes and offers its multinational customers compliant coverage worldwide.
HDI Global SE is the Corporate & Specialty Division of the Talanx Group and has been a leading insurer for several decades. More than 5,000 employees in this division generated insurance revenue (gross) of approx. EUR 10.0 billion in the year 2024 (according to IFRS 17).
The rating agency Standard & Poor’s has given the Talanx Primary Group a financial strength rating of AA-/stable (very strong) and AM Best has assigned the rating of A+ (superior). Talanx AG is listed on the Frankfurt Stock Exchange in the MDAX.
About Hallmark Financial
Hallmark Financial is a property and casualty insurance company with a diversified portfolio of insurance products written on a national platform. Through its insurance subsidiaries, Hallmark markets, underwrites and services commercial and personal insurance in select markets.
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